I am OK as I have a job that is fairly secure but how awful it must be to be a university graduate with a massive debt bill to pay and no chance of a job in sight.

It seems that a large percentage of new graduates from universities and colleges are waiting for many months and even years in some cases to find a job that equates to their qualifications. What is worse is the fact that many companies or even MPs are now giving long term internships at low pay or no pay while taking advantage of these post-graduates.

The idea that student loans would not have to be repaid until AFTER the student had qualified and attained a decent job was a good idea but if the graduate student cannot get a paid job that debt is going to be hanging over her/his head for some time.